Crypto News
Here’s Why Today’s U.S. Election Matters for Crypto
It is Election Day in the U.S. At some point in the coming hours, days and weeks, we'll know which major party wins control of the House of Representatives, the Senate and the White House. Presidential candidates Kamala Harris and Donald Trump might get most of the headlines, but which political party controls Congress probably means a lot in terms of how cryptocurrencies will be treated in the nation, especially in the short term.Source link
Crypto Markets Brace for Election Shifts, Coin Metrics Reports
In its latest report, Coin Metrics explores how the U.S. election may influence crypto markets. 2024 Election: Coin Metrics Examines Crypto Volatility and Market Reactions Coin Metrics’ latest report, authored by researchers Tanay Ved and Matías Andrade Cabieses, analyzes the potential effects of the 2024 U.S. presidential election on crypto markets, with particular emphasis onSource link
Bitcoin Breaks Above $70K as Crypto and U.S. Stocks Move Higher Early on Election Day
After a good deal of volatility over the past few days, betting markets like PolymarketSource link
MicroStrategy’s Ambitious $42B Bitcoin Acquisition Plan is Not Without Risks, CoinShares Says
The company needs financing conditions to remain agreeable, and there needs to be continued investor demand for the firm's convertible debt, the report said.Source link
Prediction Markets Give Trump the Edge on Election Day
Recent numbers from prediction markets suggest that former President Donald Trump is holding a substantial edge over Vice President Kamala Harris. Battle for the White House Bettors have shown a consistent shift in support for Donald Trump in the 2024 U.S. election race, leaving Kamala Harris trailing in their forecasts. As of 8 a.m. ETSource link